Business

Volkswagen Shares Surge on Job Cuts

Updated 2026-09-04 09:10 UTC 2 sources Neutral

Volkswagen's stock price increased by 6% following the announcement of plans to cut an additional 50,000 jobs. The move comes amid increasing tariffs and competition from China.

Coverage timeline — 2 articles

MarketWatch

‘Don’t Say Good Luck’ star Melanie Lynskey dreams of buying a New Zealand home but can’t afford it

The “Two and a Half Men” star, who is originally from New Zealand, says owning a piece of that paradise is still out of her reach, as property there is too expensive.

2026-09-04 09:01 UTC

CNBC

Volkswagen jumps 6% on plans to cut 50,000 jobs amid tariffs, China competition

Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of its transformation plan.

2026-09-04 09:05 UTC